Legislation Research Of Emissions Trading System

Economic growth is the necessary result of social development, while environmental problem is a concomitant of social economic growth. Developing economy consequentially causes environmental problem. Environment and the economy are interrelated contradictory combined. Environment not only offers material basis and inter-space for human activities, but also takes on polluted and abandoned substances produced by human being. Should people follow the order of nature and economy, perform economic activities according to resource carrying capacity and environmental capacity, we would realize reasonable exploitation and use of natural resource, and obtain higher economic returns. Meanwhile, keep increasing environmental protection investment so that the accumulation of pollutants is less than the environment capacity. Continuously improve the environmental conditions to realize mutual coordination and a virtuous circle of economic system and the environment. On the contrary, if human economic activities violate the laws of nature and economy, over environmental regeneration capacity and capacity to accommodate the waste, environment will be severely damaged and conversely restrict human being's survival and development. Economy and environment will be trapped in a vicious cycle of mutual constraints. Therefore, considering the interaction mechanism of economy and environment, the creation of environmental problems is actually a by-product of human being's unlimited economic expansion activities. It has profound economics meanings and reasons.With China's economic development, the problem of environmental pollution is increasingly serious. How." to effectively control pollution and protect the environment becomes a pressing issue of China's economic development. Among which emissions trading system as a means to control the economic environment will play an important role. In China, emissions trading system is still new. The current regulations for the system are still on the level of administrative documents. That emission rights are tradable is not a deep-rooted concept yet. Based on which, this thesis first introduces the basic knowledge of emissions trading and points out the rationality of its existence. Second, discusses the economic and nomological bases from the external theory and property rights theory. Third, it inspects trading practices of the United States and sums up the general principle of emissions trading. Emissions trading system is an effective means of environmental policy, which can be proved theoretically. Practices of the United States and other countries also show that emissions trading system can not only save the overall treatment costs, but will also promote emission reduction. Therefore not only the emission rights can be traded, but must be allowed. This thesis tries to indicate the feasibility and necessity of Chinese emissions trading system by analyzing our trading practices and domestic scholars' research, and summarizes constraint factors of China's trading implementation. On that basis, bring forward legislative proposals for improving China's emissions trading system, including a general idea of how to establish a trading system, basic issues that must be clarified and several problems which need to pay attention to during the design of the system. Hopefully, this thesis could arouse Chinese scholars and the public concerns to constantly improve the emissions trading system.